404 Underwood DrAndrewsTX79714
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Andrews at 404 Underwood Dr, Andrews, TX, 79714 offers a 11.67% rental yield on a $155,000 purchase with $1,507/mo rent. Total monthly income registers $1,507/mo, and a $759/mo payment leaves $404/mo available for distribution. Annual cash flow reaches $4,853/yr on $51,383 to close, and return on cash invested stands at 29.35% in year one. Equity gained on principal adds $1,000/yr while 5% annual appreciation supports $42,824 over five years. Portfolio math shows five-year ROI at 154.75% and total cumulative return in cash at $79,516. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,507/mo property income against a $759/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79714, Andrews, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,273 (100%) |
| Owner Occupied HU | 4,822 (66.3%) |
| Renter Occupied HU | 1,690 (23.2%) |
| Vacant Housing Units | 761 (10.5%) |
| Median Home Value | $230,372 |
| Average Home Value | $261,570 |
Housing Distribution
Address Breakdown
Residential
6,262
Single Family
6,095
Multi-Family
167
Businesses
767
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Listed by: Lona Hallmark • Real Broker, LLC
Mls Name: Odessa BOR
Mls Provider:
Mls ID: #159271
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.